Publication
Government Investigations in Singapore 2025
We have contributed the Singapore chapter of Getting the Deal Through, Government Investigations 2025.
Global | Publication | August 2018
The government published a long-heralded draft Registration of Overseas Entities Bill on July 23, 2018.
The purpose of the Bill is to “prevent and combat the use of land in the UK for money laundering purposes by increasing the transparency of beneficial ownership information relating to overseas entities that own land in the UK”. It seeks to achieve this by establishing a new register of the beneficial owners and controllers of such entities – the first of its kind. The new register will be held by Companies House and the current intention is that it will go live by 2021.
In broad terms the Bill provides that
Comments on the draft Bill are invited by September 17, 2018 but it is unlikely that the fundamentals will change. Overseas entities need to be aware that compliance may be onerous, not to say time-consuming, particularly for those with sophisticated ownership structures. There will also be additional levels of due diligence for those proposing to enter into a land transaction with an overseas entity.
Publication
We have contributed the Singapore chapter of Getting the Deal Through, Government Investigations 2025.
Publication
The private credit market and direct lending have grown and diversified immensely in the past decade, offering alternative sources and terms of debt compared to those historically provided by the syndicated leveraged loan and public issuance markets. Consequently, they are fast becoming pivotal components in the capital ecosystem, so much so that the Bank of England consider that the private credit market is currently responsible for approximately $1.8 trillion of debt issuance, which is four times its size in 2015. This growth has been particularly pronounced in Europe and the US but there has also been significant activity in Asia.
Publication
The EU’s Artificial Intelligence Regulation, commonly referred to as the AI Act, is expected to come into force during the summer of 2024 (the AI Act). The AI Act will be the first comprehensive legal framework for the use and development of artificial intelligence (AI), and is intended to ensure that AI systems developed and used in the EU are safe, transparent, traceable, non-discriminatory and environmentally friendly.
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